Capital

Community Preservation Corporation’s lending program aims to retrofit affordable housing in New York City.

As the real estate world continues to flatline, one of the hardest-hit markets has been that of moderate- and low-income housing. The nonprofit Community Preservation Corporation (CPC), however, has created a $1 billion lending program designed specifically to boost the affordable housing market, as well as to promote sustainable, efficient design.

In real estate and finance, socially responsible investing has evolved into a sound business model.

For most real estate professionals and investors, the term “socially responsible investing” (SRI) may not immediately connote a forecast of high returns and instant profits. After all, implementing large-scale efficiency, conservation, and governance initiatives usually comes at a high premium.

A national alliance of nonprofits helps communities stave off foreclosure crises.

BY DEES STRIBLING